Hong Kong Exchanges and Clearing (HKEX), the operator of Asia’s third-largest stock market, on Wednesday reported its best quarterly and nine-month earnings on record on the back of rising turnover and initial public offerings (IPOs).
Net profit for the three months to September rose 56 per cent from a year earlier to HK$4.9 billion (US$628 million), or HK$3.88 per share, beating analysts’ estimate of HK$4.7 billion, according to an exchange filing.
It was HKEX’s best quarterly profit, exceeding the HK$4.46 billion profit in the second quarter. In the process, the bourse operator topped its previous record for the third consecutive quarter.
The HKEX also posted a record nine-month profit of HK$13.42 billion, beating analysts’ estimate of HK$13.21 billion. This was 45 per cent higher than a year earlier.

“HKEX continued to capture the momentum of global diversification and attractiveness of Chinese assets in the third quarter of 2025,” CEO Bonnie Chan Yiting said in the exchange filing.
